Sunday, April 23, 2006

Britain's Economy Gets a Boost

Over the past three years, Britain has received more than 300,000 migrant workers to the UK mostly from Poland and Slovenia. They work in areas ranging from agriculture to hospitality and their hardwork has changed many aspects of life in Britain. The recent wave of immigration has regulated inflation, increased output, and increased tax revenue. Also interest rates are .5% lower. It has made the UK's workforce younger, more flexible and economical, and eased pensions. It is predicted that Britain's GDP will grow from 2.6% to 3% by 2008.

Economic Growth

1 Comments:

At Sunday, April 23, 2006 8:27:00 PM, Blogger Mrs Hartman said...

We hear so much about the negatives of immigration that it is nice to read an article that talks about the positives.

I wonder if someone has any similar innformation for immigrants in the US. I know that a number of legal immigrants come here to work in scientific and engineering fields and that certainly has been positive for our country in terms of industrial innovation. This would be a good topic for a paper.

 

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